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At US$3.4 million, the Lykan HyperSport was the third most expensive production car at time of its production. The HyperSport is the first car to have headlights with embedded jewels; they contain titanium LED blades with 420 diamonds (15cts).;[7] although buyers had a selection of rubies, diamonds, yellow diamonds, and sapphires to be integrated into the vehicle's headlights at purchase based on the colour choice. The car also uses a holographic display system on the centre console with interactive motion features, as well as gold stitching on the seats. There is a discrepancy among sources as to how many cars have been sold, with reports varying from four to seven sales. At least two of the cars have been sold, one to an anonymous buyer, as revealed in a YouTube video by W Motors. In June 2015, the Abu Dhabi police force purchased a Lykan HyperSport.[8] The Abu Dhabi Police car is included in the total of seven, meaning only six were available for purchase by customers.

The Lykan HyperSport is powered by a 3.7 litre (3,746 cc) twin-turbocharged flat-six engine developed by Ruf Automobile,[9] producing a maximum power output of 581.6 kW (780 hp) at 7,100 rpm and 960 N⋅m (708 lb⋅ft) of torque at 4,000 rpm.[10] The engine has a mid-rear mounted position and transfers power to the rear wheels.

The Lykan HyperSport was available with either a 6-speed sequential manual or a 7-speed dual-clutch PDK transmission. The transmission is paired with a limited-slip differential and is mounted transversely at the rear of the car.[11]

The Lykan HyperSport is equipped with forged aluminum wheels with diameters of 19 inches at the front and 20 inches at the rear. The tyres are Pirelli P Zeros with codes of 255/35 ZR 19 for the front and 335/30 ZR 20 for the rear. The brakes have ventilated ceramic composite discs, with a diameter of 380 mm each and using six-piston aluminium callipers at the front and rear.[11]

The manufacturer claims a top speed of 395 km/h (245 mph), depending on the gear ratio setup. The car has claimed acceleration times of 2.8 seconds for 0-100 km/h (0-62 mph) and 9.4 seconds for 0-200 km/h (0-125 mph), though no independent tests have been conducted. There was a demonstration of the car by W Motors in 2013 in Dubai, in which they claim to have recorded the car's performance.